Case of Case Shiller calls the bottom

[LA_Renter]

One of these days the bottom callers will be right. This does not happen to be that day. Did anybody read a post showing headlines in the early to mid 90’s describing the downturn. I think the media pointed out every Spring that there was an increase in activity and signs a bottom was being put in only to be followed by more malaise. We will see many false starts. There is cash on the sidelines but it does not remotely begin to compare to the cash provided by lax lending available to anybody with a pulse and in many cases actual dead people earlier this decade.

[LA_Renter]

From Yahoo Finance front page

Top Stories

Consumer Confidence Plunges to 28-Year Low- AP

Consumer confidence tumbled to its lowest in 28 years this month, a survey showed on Friday, as short-term inflation expectations hit their highest since the stagflationary early 1980s.

UN: World Economy to Grow 1.8 Percent in 2008- AP

Stocks Slip as Oil Passes $127- AP

___________________________________

Here is what is going through my head this morning, will the division that I work for in my company be spun off due to soft revenues and margin challenges. In the event that happens do I keep my job and if not how do I replace my income?? I am giving a presentation this morning to another company that is in the same boat, the topic is how to grow revenues in a challenging market. Point being the mood on the street is one of growing concern, how high is oil going to go, how bad will this get. Until we get past these concerns don’t expect a sustainable stampede back into RE.

[LA_Renter]

From Yahoo Finance front page

Top Stories

Consumer Confidence Plunges to 28-Year Low- AP

Consumer confidence tumbled to its lowest in 28 years this month, a survey showed on Friday, as short-term inflation expectations hit their highest since the stagflationary early 1980s.

UN: World Economy to Grow 1.8 Percent in 2008- AP

Stocks Slip as Oil Passes $127- AP

___________________________________

Here is what is going through my head this morning, will the division that I work for in my company be spun off due to soft revenues and margin challenges. In the event that happens do I keep my job and if not how do I replace my income?? I am giving a presentation this morning to another company that is in the same boat, the topic is how to grow revenues in a challenging market. Point being the mood on the street is one of growing concern, how high is oil going to go, how bad will this get. Until we get past these concerns don’t expect a sustainable stampede back into RE.

[LA_Renter]

From Yahoo Finance front page

Top Stories

Consumer Confidence Plunges to 28-Year Low- AP

Consumer confidence tumbled to its lowest in 28 years this month, a survey showed on Friday, as short-term inflation expectations hit their highest since the stagflationary early 1980s.

UN: World Economy to Grow 1.8 Percent in 2008- AP

Stocks Slip as Oil Passes $127- AP

___________________________________

Here is what is going through my head this morning, will the division that I work for in my company be spun off due to soft revenues and margin challenges. In the event that happens do I keep my job and if not how do I replace my income?? I am giving a presentation this morning to another company that is in the same boat, the topic is how to grow revenues in a challenging market. Point being the mood on the street is one of growing concern, how high is oil going to go, how bad will this get. Until we get past these concerns don’t expect a sustainable stampede back into RE.

[LA_Renter]

From Yahoo Finance front page

Top Stories

Consumer Confidence Plunges to 28-Year Low- AP

Consumer confidence tumbled to its lowest in 28 years this month, a survey showed on Friday, as short-term inflation expectations hit their highest since the stagflationary early 1980s.

UN: World Economy to Grow 1.8 Percent in 2008- AP

Stocks Slip as Oil Passes $127- AP

___________________________________

Here is what is going through my head this morning, will the division that I work for in my company be spun off due to soft revenues and margin challenges. In the event that happens do I keep my job and if not how do I replace my income?? I am giving a presentation this morning to another company that is in the same boat, the topic is how to grow revenues in a challenging market. Point being the mood on the street is one of growing concern, how high is oil going to go, how bad will this get. Until we get past these concerns don’t expect a sustainable stampede back into RE.

[LA_Renter]

From Yahoo Finance front page

Top Stories

Consumer Confidence Plunges to 28-Year Low- AP

Consumer confidence tumbled to its lowest in 28 years this month, a survey showed on Friday, as short-term inflation expectations hit their highest since the stagflationary early 1980s.

UN: World Economy to Grow 1.8 Percent in 2008- AP

Stocks Slip as Oil Passes $127- AP

___________________________________

Here is what is going through my head this morning, will the division that I work for in my company be spun off due to soft revenues and margin challenges. In the event that happens do I keep my job and if not how do I replace my income?? I am giving a presentation this morning to another company that is in the same boat, the topic is how to grow revenues in a challenging market. Point being the mood on the street is one of growing concern, how high is oil going to go, how bad will this get. Until we get past these concerns don’t expect a sustainable stampede back into RE.

[jpinpb]

LA_Renter – I agree that the amount of cash on the sidelines does not compare to the free money that was available. I don’t know what the impetus would be to get another run on RE. Right now w/the tightening of credit, 20% down, already few qualify compared to just a couple years earlier. It’s a considerable disparity.

Good point about housing being the cause of this recession. The domino effect into everything housing touched is also a factor, one that directly correlates to employment. The jobs lost now are of considerable income levels that are not easily going to be replaced w/out further education.

[jpinpb]

LA_Renter – I agree that the amount of cash on the sidelines does not compare to the free money that was available. I don’t know what the impetus would be to get another run on RE. Right now w/the tightening of credit, 20% down, already few qualify compared to just a couple years earlier. It’s a considerable disparity.

Good point about housing being the cause of this recession. The domino effect into everything housing touched is also a factor, one that directly correlates to employment. The jobs lost now are of considerable income levels that are not easily going to be replaced w/out further education.

[jpinpb]

LA_Renter – I agree that the amount of cash on the sidelines does not compare to the free money that was available. I don’t know what the impetus would be to get another run on RE. Right now w/the tightening of credit, 20% down, already few qualify compared to just a couple years earlier. It’s a considerable disparity.

Good point about housing being the cause of this recession. The domino effect into everything housing touched is also a factor, one that directly correlates to employment. The jobs lost now are of considerable income levels that are not easily going to be replaced w/out further education.

[jpinpb]

LA_Renter – I agree that the amount of cash on the sidelines does not compare to the free money that was available. I don’t know what the impetus would be to get another run on RE. Right now w/the tightening of credit, 20% down, already few qualify compared to just a couple years earlier. It’s a considerable disparity.

Good point about housing being the cause of this recession. The domino effect into everything housing touched is also a factor, one that directly correlates to employment. The jobs lost now are of considerable income levels that are not easily going to be replaced w/out further education.

[jpinpb]

LA_Renter – I agree that the amount of cash on the sidelines does not compare to the free money that was available. I don’t know what the impetus would be to get another run on RE. Right now w/the tightening of credit, 20% down, already few qualify compared to just a couple years earlier. It’s a considerable disparity.

Good point about housing being the cause of this recession. The domino effect into everything housing touched is also a factor, one that directly correlates to employment. The jobs lost now are of considerable income levels that are not easily going to be replaced w/out further education.

[Author]

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